Mackenzie Realty Capital, Stock Market Value
| MKZR Stock | 4.20 0.64 13.22% |
| Symbol | MacKenzie |
MacKenzie Realty 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to MacKenzie Realty's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of MacKenzie Realty.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in MacKenzie Realty on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding MacKenzie Realty Capital, or generate 0.0% return on investment in MacKenzie Realty over 30 days.
MacKenzie Realty Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure MacKenzie Realty's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess MacKenzie Realty Capital, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.01 | |||
| Information Ratio | 0.1667 | |||
| Maximum Drawdown | 31.01 | |||
| Value At Risk | (5.82) | |||
| Potential Upside | 9.3 |
MacKenzie Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MacKenzie Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MacKenzie Realty's standard deviation. In reality, there are many statistical measures that can use MacKenzie Realty historical prices to predict the future MacKenzie Realty's volatility.| Risk Adjusted Performance | 0.1458 | |||
| Jensen Alpha | 0.8637 | |||
| Total Risk Alpha | 0.7038 | |||
| Sortino Ratio | 0.2056 | |||
| Treynor Ratio | (1.29) |
MacKenzie Realty Capital, Backtested Returns
MacKenzie Realty Capital, has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. By analyzing MacKenzie Realty's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise MacKenzie Realty's Downside Deviation of 4.01, mean deviation of 3.54, and Risk Adjusted Performance of 0.1458 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MacKenzie Realty holds a performance score of 7. The company secures a Beta (Market Risk) of -0.66, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MacKenzie Realty are expected to decrease at a much lower rate. During the bear market, MacKenzie Realty is likely to outperform the market. Please check MacKenzie Realty's total risk alpha, as well as the relationship between the downside variance and daily balance of power , to make a quick decision on whether MacKenzie Realty's current price movements will revert.
Auto-correlation | 0.68 |
Good predictability
MacKenzie Realty Capital, has good predictability. Overlapping area represents the amount of predictability between MacKenzie Realty time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MacKenzie Realty Capital, price movement. The serial correlation of 0.68 indicates that around 68.0% of current MacKenzie Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
MacKenzie Realty Capital, lagged returns against current returns
Autocorrelation, which is MacKenzie Realty otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting MacKenzie Realty's otc stock expected returns. We can calculate the autocorrelation of MacKenzie Realty returns to help us make a trade decision. For example, suppose you find that MacKenzie Realty has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
MacKenzie Realty regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If MacKenzie Realty otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MacKenzie Realty otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MacKenzie Realty otc stock over time.
Current vs Lagged Prices |
| Timeline |
MacKenzie Realty Lagged Returns
When evaluating MacKenzie Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MacKenzie Realty otc stock have on its future price. MacKenzie Realty autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, MacKenzie Realty autocorrelation shows the relationship between MacKenzie Realty otc stock current value and its past values and can show if there is a momentum factor associated with investing in MacKenzie Realty Capital,.
Regressed Prices |
| Timeline |
Pair Trading with MacKenzie Realty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MacKenzie Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MacKenzie Realty will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to MacKenzie Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MacKenzie Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MacKenzie Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MacKenzie Realty Capital, to buy it.
The correlation of MacKenzie Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MacKenzie Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MacKenzie Realty Capital, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MacKenzie Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for MacKenzie OTC Stock Analysis
When running MacKenzie Realty's price analysis, check to measure MacKenzie Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MacKenzie Realty is operating at the current time. Most of MacKenzie Realty's value examination focuses on studying past and present price action to predict the probability of MacKenzie Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacKenzie Realty's price. Additionally, you may evaluate how the addition of MacKenzie Realty to your portfolios can decrease your overall portfolio volatility.